News Headline Summary

Lynas Corp (LYC AT) says the journey has been long and will have a very strong balance sheet after capital raising

Says:

- Phase 2 construction is now 76% complete.
- Moving towards full production capacity by H2 CY 2013.
- First sales from Malaysia plant in Q1 2013.

Reaction details:

- Co. shares rise 3.9% to AUD 0.66 in Sydney.

Print 22:15, 19 Nov 2012 - Asian News - Source: Newswires